NAMO - QUICK Wins please (Humbly)

There is a concept called QUICK Wins. 

There is a concept called Economic Education  

When you are working on a larger good , to keep your supporters and believers glued to you , you have to offer some quick immediate visible benefit / difference. Since larger project takes long time this is very critical to keep the supporters glued to you.  

PM is in economic overhaul mode, visiting various countries which will boost our economy  , making Government work harder etc etc. but for people its useless unless they see some quick benefit and life changing experience.  On the contrary foreign trips and pictures work other way like PM is wasting resources in foreign tours and doesn't care about the people who voted him. Series of QUICK wins initiatives is a MUST. (This is also known as low hanging fruits.)

Secondly we want to get away from freebies culture so voters must know the impact of freebies. Economic education should be the part of Govt's economic agenda.  Working to improve economy without educating people HOW it works is again like a silent Govt. ( You may be speaking all other useless things, that is not a talkative leader unless it offers some insight.)   Communication is critical to get votes, communication is critical to expand voters base, communication is critical to make people know what you are doing , how you are doing and  how will you achieve the goal. 

Govt MUST initiate economic education programme like Swachh Bharat Abhiyaan. 

We need Ministry of Citizen Communication (I & B is anyway useless) educating citizen about important issues without spending on photos of political masters. (People know the PM , they want to know how he is working to change their lives for the better.) 

(PS: None of the above works and helps against Arrogance. First prerequisite for a public leader is Humbleness. Saying I am humble means nothing unless you are seen so. Entire present political class is suffering from this. Warren Buffet has recently quoted," ABC of failure for companies - Arrogance, Bureaucracy & Complacent , it is also applicable to all types of organisations.)

The Art of Doing Nothing

Our PM Mr. Narendra Modi is workaholic. He never took vacation during his tenure as CM of Gujarat. He is driving all crazy in Delhi by his super aggressive working style. 

He is getting praised from all over the world. 

This action begets praise culture is making us action oriented 24 X 7.

When we are not doing anything we are considered lazy.  We always want to do something so much so that many of my friends tells me they get bore on Sunday. 

I think in school we all wanted that extra holiday and now when we have grown up we don't know what to do with our holidays and free time.

I think workaholic means running away from the self.  When we always want to engage with doing external things we are infact do not know how to live with the self. 

People don't like their holidays, vacation or free time is infact a problem with our society. Today there is an article in Mint about Great Rajni Kothari a political economist. Author says he believed that no one should pay price for the progress. This is referred as environment ,villages & villagers need not pay price for the progress. I would add even no generation should pay price for the progress.

We should no over work and in the process kill ourselves in the name of progress and development. I think we are doing for future generation is just a myth ; be it economic development or be it independence freedom fight. Every generation do and act for their own benefit. Benefit to next generation is just a by product.  

Point is we all need to PAUSE and reflect the kind of fast life we all are living under the pretext of working for next generation or for an employer or nation building.

Work with commitment YES but don't fool your self by justifying over work. Have  equal enthusiasm for free time activities. Enjoy your free time and doing nothing time. Doing doesn't mean doing for earning only. Inculcate personal hobby and spend time with self and family. Take vacation and expand your perspective.  

We all spend our prime time in working for earning but 2/3rd of all employees are unhappy. Even entrepreneurs become slave to their business and miss expected happiness and perceived freedom.

Bottom line is LOVE your free time, LEARN the art of doing nothing , LIVE with the self. Our first duty is towards the self and at the cost of our happiness we even cant fulfill our SO CALLED duty towards others.   

Next time when you get free time ,  feel privileged and not just KILL free time CHERISH this time because this is time you are actually LIVING for self. Art of doing noting is the real ART. 

Is your company board lopsided? Lacks diversity?

Last week I was discussing CFO of one of the listed companies about their board vacancy and new members on the board. He informed me that they have inducted two chartered accountants (CA). One CA was already there on their board. I wondered how many CAs a company needs on their board? Company board indicates diversity and inattentiveness of the company.  

In most Indian companies we will find CA and lawyers as independent directors. I fail to understand compliance is the only role of the board? Do executive directors not want views from professionals from various fields? 

Marketing, HR, Economists, Architects, and why not writers ad artists, for out of the box views , social media expert, IT professionals , film directors , media & communication professionals, international and local domain experts I mean there are many diverse professionals available who can add perhaps more value that legal and finance professionals. 

But most companies do not want to think differently. Independent directors should play active role in growth and strategy of the company which is much more than compliance and tax planning or linear thinking. there is noting wrong with CA and lawyers on board but excessive of them wont work. 

In light of above today's interview of SBI Chairperson Mrs Bhattacharya is welcome that PSU boards have surfeit of CAs. I think this should be a thinking point for all boards to review critically excessive of anything. Company board need diversity in times we live in. Markets outside is dynamic and need lateral thinking. When war is of talent , limited and lopsided boards will make companies struggle to survive.

(Anti-Disclaimer:  I myself is a CA)